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Determine the balance of accounts receivable at december

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Question - Aardvark Company sells merchandise only on credit. For the year ended December 31, 2018. The following data are available.

Sales (all on credit)

Accounts Receivable January 1, 2018 225,000

Allowance for Doubtful Accounts January 1, 2018 (Credit) 15,000

Cash Collections on A/R During 2018 1,050,000

Accounts Written Off as Uncollected during 2018 10,000

Determine the balance of Accounts Receivable at December 31, 2018.

Reference no: EM132429350

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